Wednesday, October 23, 2013

If You Sleep With Hogs

... you wake up with a lot more than fleas.
I would bet that right now, the insurance companies and the Obama Administration are terrified of many of the same things, not least of all this.
Health plans are sending hundreds of thousands of cancellation letters to people who buy their own coverage, frustrating some consumers who want to keep what they have and forcing others to buy more costly policies. The main reason insurers offer is that the policies fall short of what the Affordable Care Act requires starting Jan. 1.
For the Administration, they could very easily see more uninsured as a result of Obamacare as insurance companies, enforcing the law, terminate policies which cannot be replaced because the exchange websites are broken. For the insurance companies, that's a lot of premiums to forgo.

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